Avis Budget Group (NASDAQ:CAR) Stock Rating Upgraded by BidaskClub

Avis Budget Group (NASDAQ:CAR) was upgraded by investment analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued on Friday, BidAskClub reports.

Several other research analysts have also recently issued reports on CAR. JPMorgan Chase & Co. increased their price target on Avis Budget Group from $13.00 to $22.00 and gave the stock a “neutral” rating in a research note on Friday, June 19th.

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Avis Budget Group Inc. (NASDAQ:CAR) Expected to Announce Quarterly Sales of $1.38 Billion

Equities research analysts expect Avis Budget Group Inc. (NASDAQ:CAR) to report sales of $1.38 billion for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for Avis Budget Group’s earnings. The highest sales estimate is $1.40 billion and the lowest is $1.37 billion. Avis Budget Group posted sales of $2.75 billion in the same quarter last year, which suggests a negative year over year growth

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